the news bizz

Software might be eating the world, but it’s taking some industries longer than others to realize its full potential. From iPhones to Teslas, people have grown accustomed to software updates improving the stuff they already own. But outside consumer electronics and automobiles, over-the-air updates aren’t commonplace yet. Yet that’s beginning to change, starting with an … Read more

OpenAI announced Thursday it reached a nonbinding agreement with Microsoft, its largest investor, on a revised partnership that would allow the startup to convert its for-profit arm into a public benefit corporation (PBC). The transition, should it be cleared by state regulators, could allow OpenAI to raise additional capital from investors and, eventually, become a … Read more

California has taken a big step toward regulating AI. SB 243 — a bill that would regulate AI companion chatbots in order to protect minors and vulnerable users — passed both the State Assembly and Senate with bipartisan support and now heads to Governor Gavin Newsom’s desk. Newsom has until October 12 to either veto … Read more

Armed with a new permit from the state’s Department of Motor Vehicles, Tesla is preparing to begin testing its autonomous vehicle technology on public streets in Nevada. The testing permit, which was first noted by Tesla influencer Sawyer Merritt, comes two months after CEO Elon Musk outlined the company’s plans to take its autonomous vehicle … Read more

There’s plenty of uncertainty to go around this year, including a global trade war, shifting policy priorities, and an economy that’s starting to stumble. Breakthrough Energy, a climate tech organization founded by Bill Gates, has also been shifting in response. The group always placed long bets, though it appears to be reappraising some of them. … Read more